The latest official data shows that prices are moderating and the inflation in the United States fell again in December for the sixth consecutive month, pushing the year-on-year figure up 6.5%, six-tenths less than a month earlier.
In more detail, the BLS indicated that among major groups of workers, unemployment rates for adult men (3.2%), adult women (3.1%), adolescents (10.3%), whites (3.1%), blacks (5.4%), Asians (2.8%) and Hispanics (4.5%) showed little change in January.
The number of people who have been unemployed for less than 5 weeks fell to 1.9 million in January and the number of long-term unemployed (those who have been out of work for 27 weeks or more), accounting for 19.4% of the total number of unemployed, remained in 1.1 million.
Both the employment rate, 62.4%, and the employment-population ratio, the 60.2%, they remained unchanged.
Source: El heraldo
Karen Clayton is a seasoned journalist and author at The Nation Update, with a focus on world news and current events. She has a background in international relations, which gives her a deep understanding of the political, economic and social factors that shape the global landscape. She writes about a wide range of topics, including conflicts, political upheavals, and economic trends, as well as humanitarian crisis and human rights issues.